Luttner Retail Group of NAI Daus facilitates sale of 50% interest in Landerwood Crossing Class “A” Office Building.
The Luttner Retail Group of NAI Daus announced the sale of a 50% ownership interest in Landerwood Crossing, the newest and most prominent Class “A” Office Building in the Cleveland MSA. Mark Luttner represented the Seller, a local developer, while also procuring the Purchaser for the 50% interest, an out-of-state private investor. The total market value of the asset was $13.5 million. The asset is 100% occupied by strong national and regional tenants including Citi Smith Barney, Clear Choice Dental, CMI Steel and Majestic Steel.